The Kotak Life Insurance
Scholarship Program 2025-26 is a significant educational initiative by Kotak
Mahindra Life Insurance Company Ltd., aimed at providing financial support to
deserving students from Tamil Nadu and Maharashtra. This program specifically
targets students who are enrolled in the first year of the Bachelor of Commerce
(B.Com) program at designated colleges in these two states, helping them
continue their higher education by easing their financial burdens.
Program Overview
The scholarship offers
financial assistance of up to INR 30,000 per year for three consecutive years,
which can be utilized to cover academic expenses such as tuition fees, books,
and other related costs. This vital support enables students to focus on their
studies without worrying about the financial strain of education expenses. The
program concentrates on commerce students, aligning with the growing demand for
professionals in finance, accounting, business management, and
entrepreneurship—fields critical to India’s economic development.
Eligibility Criteria
To be eligible for the Kotak
Life Insurance Scholarship Program 2025-26, applicants must meet the following
requirements:
- Must be residents of Tamil Nadu or
Maharashtra.
- Enrolled in the first year of the B.Com
program at one of the specified participating colleges.
- Should have secured at least 60% marks
in both Classes 10 and 12 examinations.
- The applicant’s annual family income
must not exceed INR 3,60,000.
- Children of employees of Kotak Mahindra
Life Insurance Company Ltd. and Buddy4Study are not eligible to apply.
Scholarship Benefits
The scholarship provides up
to INR 30,000 annually for three years, which is disbursed to cover essential
academic expenses. These may include:
- Tuition fees
- Books and study materials
- Admission and examination fees
- Other education-related costs as per the
institution’s fee structure
This support is crucial for
students from economically constrained backgrounds to sustain their education
and reduce dropout rates due to financial difficulties.
Required Documents
Applicants must submit a
comprehensive set of documents for verification purposes. These include:
- Mark sheets of Class 10 and Class 12
examinations
- Government-issued identity proof such as
Aadhaar card, Voter ID, Driving License, or PAN card
- Proof of current year admission such as
fee receipts or admission letters
- Student ID card and bona fide
certificate issued by the educational institution
- Income proof documents such as Form 16A,
income certificate from a government authority, or salary slips
- Bank account details of the applicant or
family for scholarship disbursement
- Recent passport-sized photograph
- Fee structure or an undertaking stating
the total course fee
Application Process and Deadline
Students interested in the
Kotak Life Insurance Scholarship Program 2025-26 can apply through their
respective colleges or the official Kotak Life Insurance scholarship portal. It
is crucial to submit all required documents correctly and on time. The last
date to apply for the program is September 22, 2025.
Impact and Importance
The scholarship program
underscores Kotak Mahindra Life Insurance’s commitment to social responsibility
by investing in the education of young students from Tamil Nadu and
Maharashtra. Supporting these students in commerce education not only enables
them to fulfill their personal and academic aspirations but also builds a
strong base of skilled professionals capable of contributing to India’s
fast-growing economy.
For many, this scholarship
will be a key enabler to complete their higher education free from financial
worries. It promotes inclusivity and encourages bright students from modest
backgrounds to pursue academic excellence and career growth.
Eligible students from Tamil Nadu and Maharashtra are encouraged to apply promptly and take advantage of this valuable opportunity to secure their educational future
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